- iShares Core Canadian Universe Bond Index ETF (XBB)
- iShares Core Canadian Long Term Bond Index ETF (XLB)
- iShares U.S. High Yield Bond Index ETF (CAD-Hedged) (XHY)
- Hamilton U.S. Bond YIELD MAXIMIZER TM ETF (HBND)
Keep in mind bonds pay interest, not dividends, and are taxed accordingly. We would suggest XBB, XLB, XHY. Indicated yields are well below 10%, though (3.3%, 3.9%, 5.9%) and the only way to meet a 10% target is with capital gains as well. This is possible as rates fall, but we would not 'expect' 10% here. One could also look at HBND, a covered call US fixed income fund, with an indicated yield of 10.24% to raise the average yield.
Authors of this answer, directors, partners and/or officers of 5i Research and/or affiliated companies have a financial or other interest in XHY.